Video iPod Coming Sooner Than We Think?

Mac Daily News is reporting that Apple will be launching a video iPod next week.

MacDailyNews“Apple Computer has begun production of a new version of its iPod digital music player that will be capable of playing videos… Reliable sources believe the iPod could be introduced as early as next week, possibly around the time Apple releases results from its fourth fiscal quarter of 2005,” Kasper Jade reports for Apple Insider. “…sources who claim to have seen the new iPod describe it as being similar to Apple’s 60GB iPod photo player, but several millimeters thinner [and features] a smaller click-wheel akin to that of the iPod nano’s, making way for a larger, higher-resolution color display that extends further down the face of the device.”

You may remember the rumor mill has been grinding for months about this but Jobs still denies Apple is moving on a video format.